Naju City, Jeollanam-do (Mayor Byung-tae Yoon) announced on the twenty eighth that it held a ceremony to commemorate the completion of solar energy facilities and a rice harvesting event in the realm of the primary agricultural solar energy plant in-built Hanam Village, Namseok-ri, Nampyeong-eup.
He said that agricultural solar energy is attracting attention as a technique to increase the sustainability of rural areas, comparable to the worth of farmland conservation for food security and expansion of renewable energy supply for carbon neutrality, because it combines crop and energy production.
Villages can earn fixed income, comparable to profits from crop sales in addition to returns from electricity production and farmland rent.
Naju City’s first agricultural solar energy project has been promoted with contributions from Korea South-East Power as a part of ESG management practices. Solar energy facilities are managed by the Rural Community Coexistence Cooperation Fund of huge, small and medium-sized enterprises, and the Korea Agricultural and Fishery Cooperation Foundation, and the Korea Energy Foundation is in command of facility construction and operation.
The solar energy facilities were installed at Namseok No. 1 and No. 2 power plants in Hanam Village, Namseok-ri, Nampyeong-eup, respectively, and were accomplished on October 7. The overall installed capability is 191.76 kilowatts (kW), and the annual power generation is anticipated to be 251MW.
All proceeds from the project are returned to the village, excluding maintenance and operation costs and landowner rent. The return proceeds amount to roughly 24 million won per 12 months and will likely be used as a village development fund so that each one residents can enjoy welfare advantages.
Naju Mayor Yoon Byeong-tae said, “Carbon neutrality is not any longer an option, but a necessity, and is a national issue that everybody must solve together.” “We are going to strive to develop into a number one city in responding to the climate crisis through renewable energy.”
Reporter Jaeseung Lee energy@aitimes.com
